New York-Based Nightclub Collaborates With Coinbase to Start Accepting Crypto

New York-Based Nightclub Collaborates With Coinbase to Start Accepting Crypto

  • The company is working with Moonwalk to bring NFTs to market.
  • The option allows customers to pay with cryptocurrency exactly as fiat.

A New York City nightclub, “Somewhere Nowhere,” is to begin taking cryptocurrency payments for its services in light of the growing popularity of Bitcoin and other cryptocurrencies, according to a press release.

Coinbase has collaborated with the lounge, known for its rooftop pool and its status as the city’s finest nightclub. This option allows customers to pay with cryptocurrency exactly as they would with a credit or debit card. The high-end hotel, which caters to its visitors from all over the globe, is always looking for ways to make things easier for those who visit.

Next Generation of Payments

When asked about El Grupo SN’s decision to accept cryptocurrency as a payment method, co-founder Sameer Qureshi remarked that it is being done because it believes it’s the ‘next generation’ of payments.

Nathan Leong, the company’s co-founder, said:

“It’s exciting to be part of this futuristic time and to continue to bring unique experiences to our guests through technology. And this is just the beginning.”

This concept combines cutting-edge technology with high-end nightclub music and lighting to create an amazing club experience for patrons. El Grupo SN’s Nathan Leong and Sameer Qureshi own and run the business. The company isn’t backing down from its embrace of the technology, as management said it is working with Moonwalk to bring NFTs to market. Customers will be able to own real-world utilities via virtual asset ownership. According to the SN release, there will be more information about the debut of the collectibles in the following weeks.

The post has appeared first on thenewscrypto.com

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